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ADM Reaches Agreement to Purchase 50% Stake in Medsofts Group in Cairo, Egypt

2015-12-14 23:05:24| Agriculture - Topix.net

Chicago, IL - Archer Daniels Midland Company announced today that it has reached an agreement to purchase a 50 percent stake in Cairo-based Medsofts Group. The new 50-50 joint venture will own and manage merchandising and supply chain operations, including: a An international merchandising operation that handles more than 1.5 million metric tons of grains, oilseeds and soft commodities annually destined for the Middle East and North Africa; In addition, the joint venture will own a 50 percent share of Nile Stevedoring & Storage Co.

Tags: group agreement purchase egypt

 

Jefferies Group Reiterates "Hold" Rating for Woodward Inc

2015-12-14 22:39:03| Industrial Machines - Topix.net

's stock had its "hold" rating reiterated by equities researchers at Jefferies Group in a research note issued on Monday, AnalystRatingsNetwork.com reports. WWD has been the subject of several other research reports.

Tags: inc group rating hold

 
 

Flotek Industries Inc (FTK) Coverage Initiated at KLR Group

2015-12-14 14:58:44| Chemicals - Topix.net

In other Flotek Industries news, CFO Robert M. Schmitz acquired 12,200 shares of the firm's stock in a transaction on Tuesday, November 17th. The stock was bought at an average cost of $9.76 per share, for a total transaction of $119,072.00.

Tags: group industries coverage initiated

 

RBC Capital Reaffirms Outperform Rating for BG Group plc

2015-12-14 14:42:53| Agriculture - Topix.net

's stock had its "outperform" rating reissued by equities researchers at RBC Capital in a report released on Monday, MarketBeat.Com reports. They presently have a GBX 1,275 price objective on the stock.

Tags: group rating capital plc

 

MTN Group becomes Telefonica partner

2015-12-14 13:55:00| Telecompaper Headlines

(Telecompaper) MTN and Telefonica announced the signing of a Strategic Partnership Agreement to work together to benefit from their joint scale, combined expertise and market access. South Africa-based MTN, which is active throughout Africa and the Middle East, will join the Telefonica Partners Program, an initiative launched by Telefonica in 2011, which includes operators active in a total of 35 markets in Europe, Latin America, Asia and the Middle East. Under the terms of the agreement, both companies have agreed to work together to capture synergies in a number of strategic areas, such as serving enterprise customers, developing new business products and international wholesale, devices and network/IT procurement. 

Tags: group partner telefonica mtn

 

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